Tds deduction by bank on fd interest

babugr (dgm) (509 Points)

22 June 2017  

Dear Sir,

I have few FDs on which I get quarterly interest and also some pension. I pay taxes as my total taxable income exceeds the exemption limit and do not submit 15 H. When I verified with one of the banks for form 16A surprisingly only 3 quarters TDS was deducted and they did not upload the TDS into the tax system (TRACES). The 26AS reflects an amount less than my total interest paid by the bank. What is to be done for filing IT return. Do I have to say other income as per 26AS or actual. Kindly advise

Thanks

GR Babu